There was no replay where they showed the Miami player holding him before the ball was thrown. Touching him perhaps, but not holding. Period. As for the 5 yard "free zone", that's an NFL rule, not NCAA.
The second reply the showed, from behind the play and concentrating on the right side, showed clearly that the two players hands were all over each other, beginning at the line of scrimmage and continuing throughout the play. Their contact never ceased.
I don't know what you were watching, but I saw it plainly.